Salem

Oil & Gas Property in Washington County, TX

Property Summary

Key data points for Salem

CountyWashington County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1999 - Sep 2024
Total Oil Production8 BBLs
Total Gas Production3,884,266 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production418 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Salem

ShaleAssessment

$392 *

MarketMultiple

$892 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Salem Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Salem
from Jan 1999 to Sep 2024

Wells on Salem

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-477-30871SALEM 1HMAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.131051-96.411078
42-477-30878SALEM 2HMAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.131051-96.411356

Leases included in Salem

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-173293SALEM 1HMAGNOLIA OIL & GAS OPERATING LLCWashington County, TX
03-179768SALEM 2HMAGNOLIA OIL & GAS OPERATING LLCWashington County, TX

Nearby Properties

These are the closest 20 properties to the Salem property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arriola OakvilleAustin County, TX0 BBLs0 MCFApr 2018
Bluebell UnitWashington County, TX0 BBLs2,253 MCFSep 2024
Brenham Dome UnitWashington County, TX0 BBLs5,707 MCFSep 2024
BrownWashington County, TX0 BBLs1,599 MCFSep 2024
CarmonaWashington County, TX0 BBLs26,199 MCFSep 2024
Cobb UnitWashington County, TX0 BBLs8,392 MCFSep 2024
Dierking UnitAustin County, TX0 BBLs12,309 MCFSep 2024
Eberle UnitWashington County, TX0 BBLs12,132 MCFSep 2024
Emma Bell UnitWashington County, TX0 BBLs8,658 MCFSep 2024
Glaeser UnitAustin County, TX0 BBLs4,080 MCFSep 2024
Goldberg UnitAustin County, TX0 BBLs5,209 MCFSep 2024
HahnWashington County, TX0 BBLs2,337 MCFSep 2024
HermannWashington County, TX0 BBLs821 MCFSep 2024
Jarmon UnitWashington County, TX0 BBLs7,576 MCFSep 2024
Neumann UnitWashington County, TX0 BBLs14,294 MCFSep 2024
Omalley 1Washington County, TX0 BBLs583 MCFSep 2024
Pearlie Mae UnitAustin County, TX0 BBLs1,219 MCFSep 2024
Rains Trust UnitAustin County, TX0 BBLs5,504 MCFSep 2024
TiemannWashington County, TX0 BBLs16,244 MCFSep 2024
WeissWashington County, TX0 BBLs7,912 MCFSep 2024

Owners of Salem

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL&GAS OPERATING LLCSALEM 2-HMAGNOLIA OIL & GAS OPE
2024MAGNOLIA OIL&GAS OPERATING LLCSALEM OLMAGNOLIA OIL & GAS OPE
2024SHUPAK RONALD DSALEM 2-HMAGNOLIA OIL & GAS OPE
2024ECKERT FRANKLIN DSALEM OLMAGNOLIA OIL & GAS OPE
2024MARSHALL MARY ANN HUESKESALEM 2-HMAGNOLIA OIL & GAS OPE
2024FRITZ DALESALEM 2-HMAGNOLIA OIL & GAS OPE
2024KLUSSMANN RAYMOND OSALEM 2-HMAGNOLIA OIL & GAS OPE
2024DUCKWORTH LINDSEY CALDWELLSALEM 2-HMAGNOLIA OIL & GAS OPE
Displaying 8 of 173 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Salem

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-173293SALEM 1HJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HJul 2023MAGNOLIA OIL & GAS OPERATING LLC